September 8, 2009

I was going to write something on Labor Day but entrepreneurial CEOs work 24/7 so there wasn’t time. Not even much time to think about how many labor/management problems would disappear with better job-fit. And management-fit.

Instead I dug out the tombstone from my late father-in-law’s 1960 IPO and brought it to my office, where it now stands as a reminder of the history of a company – and lives – destroyed by equal amounts of greed and entitlement on the parts of both an investment banker and a union leader.